Home › 705 2nd Avenue SW, Pine City, MN 55063 (MLS# 7131125)

705 2nd Avenue SW, Pine City, MN 55063 (MLS# 7131125)

$260,000
705 2nd Avenue SW
Pine City, MN 55063
MLS# 7131125
5 beds  |  3 baths  |  2329 sqft
705 2nd Avenue SW, Pine City, MN 55063
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Property Description
Fantastic opportunity for homeowners and investors alike! Situated on a corner lot in a desirable Pine City location, this duplex offers two separate living units, each with its own private entrance. One unit features 2 bedrooms and 1 bathroom, while the other offers 3 bedrooms and 2 bathrooms. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore multigenerational living, this property offers great flexibility. With one tenant currently in place, there's an opportunity for immediate rental income. Conveniently located near local amenities, this property offers plenty of possibilities!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 260000
Original List Price: 260000
ListPrice: 260000
List Date: 2026-10-09
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1895
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 5
Baths Total: 3
Main Floor Total SqFt: 1344
Above Ground SqFt: 2329
Total SqFt: 2329
Foundation Size: 1344
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2329.00
Garage Stalls: 2
Lot Dimensions: 102x150
Acres: 0.35
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 705
Street Name: 2nd
Street Suffix: Avenue
Street Direction Suffix: SW
Postal City: Pine City
County: Pine
State: MN
Zip Code: 55063
Assessments
Tax With Assessments: 3718
Building Information
Finished SqFt Above Ground: 2329
Income and Expenses
Annual Gross Expenses: 8215
Annual Gross Income: 21000
Annual Insurance Expense: 1617.45
Annual Maintenance Expense: 1200
Annual Repair Expense: 500
Annual Water/Sewer Expense: 1440
Total Annual Expenses: 8215
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 240
Unit 1
Furnished?: No
Leased?: No
Unit Number: 1
Finished SqFt: 1086
Full Baths: 1
No. of Units Like This: 1
Oth Parking Spaces: 2
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 2
Furnished?: No
Leased?: No
Unit Number: 2
3/4 Baths: 1
Finished SqFt: 1243
Full Baths: 1
No. of Units Like This: 1
Oth Parking Spaces: 3
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Porch
Basement: Full; Unfinished
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Corner Lot
Owner Pays: Insurance; Lawn; Sewer; Taxes; Water
Parking Characteristics: Driveway - Shared; Units Vary
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity; Fuel; Lawn; Snow Removal; Trash Collection
Unit 1 Amenities: Kitchen Window; Porch; Washer/Dryer Hookup
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Bath Description: Upper Level Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Informal Dining Room
Unit 2 Amenities: Kitchen Window; Porch; Washer/Dryer Hookup
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Bath Description: Main Floor 3/4 Bath; Upper Level Full Bath
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Informal Dining Room
Water: City Water/Connected

Listing Office: LPT Realty, LLC

Last Updated: October - 10 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 11th of October 2026 09:44 PM

218-998-4400

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